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  1. #1 So where's your "stimulus dollars" going? 
    Resident Grandpa marv's Avatar
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    So where is it going now?

    http://www.washingtonexaminer.com/po...-99979014.html

    Now, Attorney General Eric Holder and Civil Rights Division chief Thomas Perez have a new plan. Any unspent money will not go back to the defendant but will instead go to a "qualified organization" approved by the Justice Department. And if there is not enough unspent money -- that will be determined by the Department -- then the defendant might be required to come up with more money to give to the "qualified organization."

    The arrangement was used in a recently-settled case, United States v. AIG Federal Savings Bank and Wilmington Finance. The Justice Department alleged that AIG violated the Fair Housing Act and the Equal Credit Opportunity Act by allowing third-party wholesale mortgage brokers to "charge African-American borrowers higher direct broker fees for residential real estate-related loans than white borrowers." The financial institution denied any wrongdoing, and there was no factual finding of wrongdoing. Nevertheless, under the terms of a March 19, 2010 consent decree, AIG agreed to pay $6.1 million to "aggrieved persons who may have suffered as a result of the alleged violations."

    That is standard procedure in such cases. But then AIG also agreed, in the words of the consent decree, to "provide a minimum of $1,000,000 to qualified organization(s) to provide credit counseling, financial literacy, and other related educational programs targeted at African-American borrowers." The money would come from unspent funds in the victim-compensation fund. But if it turned out that, after paying off the victims, there was less than $1 million left in the victim-compensation fund, AIG agreed to "replenish the settlement fund so that it contains $1,000,000 for distribution for those educational purposes."

    The consent decree directs AIG to consult with the Justice Department on which "qualified organizations" could receive money, and it gives the Department the right to approve where the money will go.
    In any event, the money will go to groups who have no direct connection to the lawsuit and its allegations of discrimination.
    It's all very simple. Give lots of taxpayer dollars to companies that are "too big to fail". Then arrange for some of that money to be paid to political allies.

    The "stimulus bill" was just a Chicago-style political slush fund. Now it's Federal law!!!!!!!

    And then there's Government Motors...
    http://www.washingtonpost.com/wp-dyn...407086_pf.html

    When General Motors went through bankruptcy last year, it suspended its political donations. Now that it's owned by the U.S. government, it's donating to lawmakers' pet projects again.

    The carmaker gave $41,000 to groups associated with lawmakers, the vast majority of it -- $36,000 -- to the Congressional Black Caucus Foundation, the company reported on a disclosure form last week. The CBC Foundation is a charity with 11 members of the Congressional Black Caucus on its board.
    Had enough already........?

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  2. #2  
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    Jeeesh, are you stupid.

    First off this has NOTHING to do with the stimulus you stupid fuck.
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  3. #3  
    Resident Grandpa marv's Avatar
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    Quote Originally Posted by Satanicus View Post
    Jeeesh, are you stupid.

    First off this has NOTHING to do with the stimulus you stupid fuck.
    I guess you don't know how to use quote marks. However, I'll excuse your "intelligence" this time! But your grammar and punctuation need to be corrected.

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  4. #4  
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    Quote Originally Posted by Satanicus View Post
    Jeeesh, are you stupid.

    First off this has NOTHING to do with the stimulus you stupid fuck.
    Pot and unemployment are a bad mix for him.
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  5. #5  
    Senior Member Zathras's Avatar
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    Quote Originally Posted by Stupidicus View Post
    fixed
    Solve a man's problem with violence and help him for a day. Teach a man how to solve his problems with violence, help him for a lifetime - Belkar Bitterleaf
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  6. #6  
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    The fact remains.

    This article has NOTHING to do with the stimulus package.
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  7. #7  
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    Quote Originally Posted by Satanicus View Post
    The fact remains.

    This article has NOTHING to do with the stimulus package.
    And your stupid post has nothing to do with nothing either.

    Get a job you lazy bum so that the economy will get better. Naw, you would rather post stupid crap all day. Loser. That is a fact.
    Last edited by lacarnut; 08-05-2010 at 05:23 PM.
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  8. #8  
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    Quote Originally Posted by Satanicus View Post
    The fact remains.

    This article has NOTHING to do with the stimulus package.
    I'm kinda of the opinion that if you aren't a taxpayer you shouldn't really have an opinion on this. It's like a virgin having an opinion on threesomes.
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  9. #9  
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    Quote Originally Posted by lacarnut View Post
    And your stupid post has nothing to do with nothing either.

    Get a job you lazy bum so that the economy will get better. Naw, you would rather post stupid crap all day. Loser. That is a fact.
    I have a job and a few products on the market.

    I am doing just fine, better than fine now that I live on Key West.
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  10. #10  
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    Quote Originally Posted by lacarnut View Post
    And your stupid post has nothing to do with nothing.
    Very well spoken , for a 5 year old.
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